Skip to content
Back to index
V0193-17 26 January 2017 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · ganancia patrimonial

Transferring membership in a housing cooperative generates a capital gain or loss

A member of a housing cooperative has enquired about the tax implications of transferring their interest to another member. The DGT has ruled that such a transfer constitutes a capital gain or loss.

The question raised

Taxation of the transfer and classification as savings income

The DGT's ruling

The transfer of shareholder status in a housing cooperative, including contributions to the share capital and amounts paid for the housing, constitutes a capital gain or loss. The amount is determined by the difference between the acquisition and transfer values. This gain or loss shall be included in the savings tax base pursuant to Article 49 of the Personal Income Tax Law.

Book your free first meeting